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Asaam Ltd

13586165

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

580A STOCKPORT ROAD, MANCHESTER, M13 0RQ
Incorporated 25/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
86220
Specialist medical practice activities

Officers

Dr Shahid Hussain

director · Since 25/08/2021

DOCTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Persons with Significant Control

Dr Shahid Hussain

75–100% shares

British · United Kingdom · Age 52

27, Elizabeth Drive, Leicester, LE2 4RD

Notified 25/08/2021

CompanyRankvs 89227+ SIC 47910 peers
31

Financial strength18th percentile among SIC peers · 5/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£3k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£219k

Current Liabilities

£222k

Debtors

£207k

Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99-£1k
20231.00
20221.01

Derived from filed accounts. Not audited figures.